58GATreatment of partnerships

58GA Treatment of partnerships

(1) The SPF provisions apply to a partnership as if it were a person, but with the changes set out in this section.

(2) An obligation that would otherwise be imposed on the partnership by an SPF provision is imposed on each partner instead, but may be discharged by any of the partners.

(3) If an SPF provision would otherwise permit something to be done by the partnership, the thing may be done by one or more of the partners on behalf of the partnership.

(4) For the purposes of the SPF provisions, a change in the composition of a partnership does not affect the continuity of the partnership.